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COMMERCIAL

***commercial Freehold For Sale***

Guide Price
£950,000
Simon Heal Estate Agents, Evercreech
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • A COMMERCIAL FREEHOLD FOR SALE
  • 3 BUSINESS OPPORTUNITIES
  • 2 ACTIVELY TRADING BUSINESSES WITH LEASES IN PLACE
  • CURRENT INCOME £42,000 WITH POTENTIAL REACHING OVER £100,000 PER ANNUM
  • CLEAN TITLE, NO LEGAL COMPLICATIONS
  • FANTASTIC, BUSY LOCATION ON A361 JUST OUTSIDE FROME
  • PLANNING PERMISSION IN PLACE FOR RESIDENTIAL AND COMMERCIAL REDEVELOPMENT

Description

An opportunity to acquire a commercial freehold site with potential annual income of over £100,000.

The freehold site consits of:

RESTAURANT

- currently unoccupied, well presented
- parking
- 90 covers inside, 30 noutside
- well set up kitchen with external food prep room
- staff and customer toilets
- office
- planning permission in place within South Somerset East Area Council (2024/0732/FUL) to part change of use to continue as Class E, but to include Class C, with 1 residential flat, and 3 short stay rooms.
- additionally, planning permission in place with South Somerset East Area Council (2025/1517/FUL) to alter the existing roof space and create four flats with parking.
- potentaial rent from the restaurant £24,000 per annum and 5 one bedroom flats £48,000

EXTERNAL GREEN

-a Vodaphone mast rental holdiong over lease in place with annual rental of £7,800.

HAND CAR WASH

- existing lease to be renewed in November 2029 with the current annual rent of £34,200 (to be reviewed upwards only).

*CALL FOR MORE DETAILS AND ASK FOR JOANNA

**ALL EXIOSTING AND PROPOSED FLOOR PLANS ARE AVAILABLE TO DOWNLOAD FROM THE SOMERSET COUNCIL PLANNING PORTAL, AS PER THE PLANNING APPLICATIONS SPECIFIED ABOVE

***commercial Freehold For Sale***

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Frome Station3.4 miles

About Simon Heal Estate Agents, Evercreech

The Estate Office, Brook Hall, Evercreech, BA4 6DP
Industry affiliations:Industry affiliation logo 0

Specialists for both the selling and letting of residential properties.

Simon Heal Estate Agents is an independent Estate Agent located in the picturesque surrounds of Evercreech and run by the proprietor. Our friendly team all live locally, and with a combined experience of almost 50 years, offer professional and friendly advice. Open 6 days a week with an out-of hours answering service. We look forward to helping you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NCNF. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Simon Heal Estate Agents, Evercreech. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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